Guided by advice from the White Rabbit in Alice in Wonderland, CIO Anne Mette de Place Filippini takes us down memory lane at the 25th anniversary of the Burgundy Forum. Reflecting on the past quarter century’s lessons, she reminds us that markets are not rational, imagination often sparks speculation, and valuations matter.  

Key points: 

  • 08:24: Sticking to a selling discipline can help avoid market minefields.
  • 12:42: Knowing when to do something and when to stand there.
  • 13:19: Adhering to a solid framework helps avoid getting caught in speculation.
  • 13:51: Staying disciplined doesn’t always mean standing still.
  • 15:51: Understanding that valuations matter.

For an alternate format, access the transcript via the “Download PDF” link at the top of this post. The transcript has been edited for clarity.

Anne Mette de Place Filippini

Anne Mette de Place Filippini

Senior Vice President,

Chief Investment Officer

The Burgundy Forum is our flagship event, offering our clients the chance to hear directly from our Investment Team. Each year, we share our market perspective and discuss maintaining a long-term view in a short-term-focused world. In 2024, we celebrated the Forum’s 25th anniversary.

This post is presented for illustrative and discussion purposes only. It is not intended to provide investment advice and does not consider unique objectives, constraints or financial needs. Under no circumstances does this post suggest that you should time the market in any way or make investment decisions based on the content. Select securities may be used as examples to illustrate Burgundy’s investment philosophy. Burgundy funds or portfolios may or may not hold such securities for the whole demonstrated period. Investors are advised that their investments are not guaranteed, their values change frequently and past performance may not be repeated. This post is not intended as an offer to invest in any investment strategy presented by Burgundy. The information contained in this post is the opinion of Burgundy Asset Management and/or its employees as of the date of the post and is subject to change without notice. Please refer to the Legal section of this website for additional information.